Preface iv
1 Understanding Financial Statements and Annual Reports 1
2 Analyzing Profitability 33
3 Analyzing Liquidity and Solvency 71
4 Analyzing Activity with Financial and Nonfinancial
Measures 121
5 Quality of Earnings and Cash Flows 145
6 Earnings Releases and EVA Analysis 175
7 E-Business 207
Notes 226
Index 229